At the end of 2018 the Slovak insurance market totaled EUR 2.20 billion vs. EUR 2.16 billion a year before, according to the preliminary figures provided by the National Bank of Slovakia (NBS).

The life insurance segment experienced a negative rate of 4.26% y-o-y to EUR 1.02 billion - due the 6% decrease reported by the policies with profit participation, while the non-life classes accounted for EUR 1.18 million, or 7.90% more y-o-y.

Overall the value of paid claims by local insurers increased by more than EUR 100 million to EUR 1.32 billion, of which EUR 741 million related to life indemnities.